Tag Archives: william hill

Crown Resorts, the Australian gaming and entertainment group, and William Hill have both moved to confirm discussions have taken place, and are ongoing, regarding the formers 62% stake in online betting firm CrownBet. Speculation first came to light in The Australian newspaper, that ‘in depth’ talks over a potential deal were believed to ongoing between governances. Presenting a statement to the media, Crown Resorts …

Red Tiger Gaming has announced a new partnership with William Hill, who in turn have become the first Gibraltar licensed operator to have have access to its full suite of products. Under the terms of the deal, Red Tiger’s online casino games portfolio and player management software are to be integrated. WIlliam Hill Vegas is the first platform to feature …

Issuing a market note, Nasdaq-listed gambling technology group Scientific Games Corporation (SGC) has moved to acquire 11.6 million ordinary shares in acquisition target NYX Gaming Group. The transaction represents approximately 10.72% of NYX’s current shareholding, with SGC governance paying CAD$2.22-2.35 per share, representing a purchase price of circa CAD $27 million (£18 million). Further to today’s share purchase transaction, SGC governance …

Ron Hearn of JenningsBet has been crowned the 2017 Racing Post/SIS Betting Shop Manager of the Year. The 57-year-old, who has a betting shop career spanning 40 years, the last six of which have been spent with JenningsBet, beat seven other finalists from Ladbrokes, Coral, Megabet, Paddy Power Betfair and William Hill. Hearn, who told the Racing Post: “It is …

Updating investors on William Hill Plc Trading, Group CEO Philip Bowcock has detailed that the  FTSE bookmaker will move to prioritise expansion within overseas markets in an attempt to combat any potential growth impacts felt from forthcoming UK regulatory increases. William Hill recorded positive results for its 17-week trading period to 24 October, however, Bowcock believes further international growth will plug any …

Presenting its latest trading update (unaudited 17-week period to 24 October), FTSE-listed bookmaker William Hill Plc details that its corporate performance is ‘in-line with expectations’, as the company seeks to deliver £40 million in annualised cost efficiencies for group reinvestment. Updating the market, William Hill continues its digital recovery, recording a 13% increase in online wagering, combined with 6% net …

FTSE-listed William Hill Plc has confirmed that Ashley Highfield has formally stepped down as a Non-executive director, departing the firm’s corporate advisory team. As a governance advisor, Highfield headed up William Hill’s Corporate Responsibility Committee. Last October, the FTSE bookmaker confirmed that former Betfair Group Plc Chief Executive Mark Brooker would replace Highfield as Committee Chair. In 2016, restructuring William …

On 31 October, Gambling Minister Tracey Crouch announced the launch of a 12-week consultation on proposals for changes to gaming machines and social responsibility measures that will run until 23 January 2018. The consultation covers Government proposals relating to: maximum stakes and prizes for all categories of gaming machines permitted under the Gambling Act 2005 (including a reduction in the maximum stakes …

In response to William Hill’s threats to block the acquisition of NYX Gaming Group Limited by Scientific Games,  NYX has launched legal action against the bookmaker. Last week William Hill issued a corporate update, voicing its concerns over the deal and signalling its intention to convert its preference shares into ordinary NYX shares, in order to ensure it had had …

The happenstance of bet365 and Sky Betting & Gaming (SBG) releasing results on consecutive days earlier this week rammed home an important message about the dominance of the market leaders in the UK online scene. The numbers were mightily impressive. Total net revenues from the gambling business at bet365 comfortably sailed past the £2bn barrier, up a huge 39 percent …